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Hi Tech Cycles Inc

New Car Dealers · Fort Pierce, FL

Hi Tech Cycles Inc is a business in Fort Pierce, Florida, listed under new car dealers, with 5 to 9 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $430K to $1.3M.

This page was built from public U.S. government records (Small Business Administration and Census Bureau). It was not created by this business and contains no information from Value Alpha users. How it works · Request removal

Public record

Industry
New Car Dealers (NAICS 441110, as reported by the business)
Location
Fort Pierce, Florida
Staff
5 to 9 people (as reported in 2020 to 2021)
Local rank
#8 of 9 businesses in Fort Pierce listed under new car dealers, by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Motor Vehicle and Parts Dealers with 5 to 9 staff, bought 2023 to 2026. Based on 39 purchases.

Loans used to buy them

$370K to $1.1M

Middle loan about $750K

Estimated purchase prices

$430K to $1.3M

Middle price about $880K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Hi Tech Cycles Inc.

Financials of businesses like this

Average revenue

$5.2M

a year

Average payroll

$397K

8% of revenue

Average staff

6.8

people

US averages for new car dealers with 5 to 9 staff, 2022 (898 businesses). These are not Hi Tech Cycles Inc's own figures; its own revenue and profit are what a valuation needs.

Value Hi Tech Cycles Inc on Value Alpha

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Questions

How much is a business listed under motor vehicle and parts dealers worth in Florida?
From 2023 to 2026, businesses listed under motor vehicle and parts dealers with 5 to 9 staff sold for about $430K to $1.3M, with a middle price of about $880K, based on 39 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Hi Tech Cycles Inc?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Hi Tech Cycles Inc get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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